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India stocks top Indonesia as Asia’s least-favoured in BofA poll

India has replaced Indonesia as Asia’s least-preferred stock market among fund managers surveyed by Bank of America, with 32% of respondents net underweight on Indian equities. Lack of clear AI exposure, weak growth, high valuations and limited reforms emerged as key concerns, even as improving earnings and renewed foreign inflows provide some support.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Goldbod shouldn’t be credited for Ghana’s macroeconomic stability – Bokpin

Economist and Professor Godfred Alufar Bokpin has cautioned against crediting the Ghana Gold Board (GoldBod) for Ghana’s recent macroeconomic stability.

  • Prof. Bokpin says GoldBod not responsible for Ghana's macroeconomic stability.
  • GoldBod's success in reducing gold smuggling and retaining forex is commendable.
  • Fiscal implications of GoldBod's programme cost state over $1.7 billion.

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